In a report released yesterday, Dori Kesten from Wells Fargo maintained a Hold rating on Kimco Realty (KIM – Research Report), with a price target of $22.00. The company’s shares closed yesterday at $20.87.
According to TipRanks, Kesten is a 4-star analyst with an average return of 7.7% and a 67.26% success rate. Kesten covers the Real Estate sector, focusing on stocks such as Ryman, Phillips Edison & Company, and Diamondrock.
In addition to Wells Fargo, Kimco Realty also received a Hold from Truist Financial’s Ki Bin Kim in a report issued on January 16. However, on January 10, Mizuho Securities maintained a Buy rating on Kimco Realty (NYSE: KIM).
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The company has a one-year high of $22.84 and a one-year low of $16.08. Currently, Kimco Realty has an average volume of 6M.
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Kimco Realty (KIM) Company Description:
Kimco Realty Corp. is a real estate investment trust company, which engages in the ownership and operation of open-air shopping centers. It also specializes in shopping center acquisitions, development and management. The company was founded by Milton Cooper and Martin S. Kimmel in 1973 and is headquartered in New Hyde Park, NY.
Read More on KIM:
- Kimco Realty price target raised to $23 from $21 at Truist
- Kimco Realty price target raised to $22 from $20 at Mizuho
- Kimco Realty price target raised to $24 from $21 at Jefferies
- Rush Enterprises to replace RPT Realty in S&P 600 at open on 1/2/2024
- Kimco Realty price target raised to $26 from $24 at Piper Sandler
